5, GRACE GARDENS, TEIGNMOUTH, TQ14 9GW - £433,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GRACE GARDENS is a very large extended detached house of 224m², built sometime between 2003 and 2006, which could now be worth an estimated £611,495. It was last sold for £433,000 in August 2015, which was around 31% above the average August 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

5 GRACE GARDENS Sold Prices

Land registry data shows two sales for 5 GRACE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 5 GRACE GARDENS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 25 AUG	£433,000	£331,011	31% above HPI
2006 31 MAR	£398,000	£270,849	47% above HPI

5 GRACE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 5 GRACE GARDENS sales from March 2006 and August 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2006 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 GRACE GARDENS be worth now?

5 GRACE GARDENS might now be worth an estimated £611,495.

This is based on house price inflation of 41.2%, between August 2015 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.2% inflationary increase is applied to the most recent sale price for 5 GRACE GARDENS of £433,000 on 25th August 2015. For the value to have increased from £433,000 to £611,495 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 5 GRACE GARDENS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2015 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRACE GARDENS has not materially changed since August 2015.

How Large is 5 GRACE GARDENS?

5 GRACE GARDENS is 224m², which includes three extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where 5 GRACE GARDENS lies on this distribution: 97% of detached houses houses are smaller than 5 GRACE GARDENS, and 3% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

5 GRACE GARDENS: Plot and Title Map

5 GRACE GARDENS sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 5 GRACE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 GRACE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 GRACE GARDENS?

5 GRACE GARDENS is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 5 on GRACE GARDENS.